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    701 Burnt Store Rd Cape Coral, FL 33991

    Sponsored
    For Sale
    $1,700,000

    Prime Publix Outparcels, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity presents 1.65 to 1.89 acres of fully improved lots situated at the prominent Coral Shores Shopping Center in Cape Coral, Florida. Located at the gateway to Pine Island, this prime corner boasts a signalized intersection on the high-traffic corner of SW Pine Island Road and Burnt Store Road (701 Burnt Store Rd, zip code 33991). The property benefits from existing utilities and off-site retention, minimizing development complexities. The Commercial Corridor zoning allows for a diverse range of uses, including banks, restaurants, and medical offices. This established location offers immediate access to a thriving retail environment, already home to Walgreens, Achieva Credit Union, 7-Eleven, AutoZone, and McDonald's, ensuring high visibility and strong potential for success. Lots are available for purchase or ground lease, providing flexibility for various investment strategies. This is an unparalleled chance to capitalize on a high-demand location in a rapidly growing area of Lee County.

    Property Features for 701 Burnt Store Rd

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • 1.65‑1.89 acres of improved commercial lots at Coral Shores Shopping Center in Cape Coral, FL.
    • Prime corner lot at signalized intersection of SW Pine Island Rd and Burnt Store Rd (701 Burnt Store Rd, 33991).
    • Existing utilities and off‑site retention.
    • Commercial Corridor zoning allows for diverse uses including banks, restaurants, and medical offices.
    • High‑visibility location near Walgreens, Achieva Credit Union, 7‑Eleven, AutoZone, and McDonald's.
    • Lots available for purchase or ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -82.039272860318
    Latitude
    26.640162339

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    FAQs

    What type of property is this?
    Land - Prime Publix Outparcels, High Traffic
    Where is this land located?
    The property is located at 701 Burnt Store Rd Cape Coral, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 1.65-1.89 acres of improved commercial lots at Coral Shores Shopping Center in Cape Coral, FL.; Prime corner lot at signalized intersection of SW Pine Island Rd and Burnt Store Rd (701 Burnt Store Rd, 33991).; Existing utilities and off-site retention.
    (239) 939-1367
    Request Owner's contact information
    701 Burnt Store Rd Cape Coral, FL 33991
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    Cape Coral, FL 33991
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Burnt Store Rd Cape Coral, FL 33991
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